1157 N Us31 S

Traverse City, Michigan 49685

  • 0 Bed(s)
  • 0 Bath(s)
  • 725 Sqft
  • 8.18
    Acres(Lot)
$439,900

Description

A fantastic investment opportunity awaits with this multi-family property, offering the potential to generate monthly rental income. situated on 8+ acres with views of grand traverse bay, this property has been fully updated and is ready for its next owner. recent improvements include a new metal roof, updated soffit and siding, a concrete parking pad, and new storm doors. inside, you'll find modern cabinets, appliances, and some updated countertops. located in desirable garfield township, only 10 minutes from downtown traverse city and its many amenities!

  • Property Type

    Multifamily

  • County

    Grand Traverse

  • Style

    Bungalow,Ranch

  • AD ID

    48634820

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Property Details

  • Room Information

    • Porches: Deck,Patio

    Interior Features

    • Other,Egress Window(s)
    • Basement Description: Daylight,Finished,Walkout Access

    Heating & Cooling

    • Cooling: Wall Unit(s)
    • Heating: Wall/Floor Furnace
    • Heating Fuel: LP Gas/Propane

    Water Heater

    • LP Gas/Propane

  • Building Information

    • Year Built: 1953
    • Total Units: 2
    • Foundation/Basement: Basement
    • Architecture: Bungalow,Ranch

    Exterior Features

    Utility Features

    • Sewer: Public Sewer (Sewer-Sanitary)

    Water

    • Well (Existing)
    • Water Heat: LP Gas/Propane

  • Lot Information

    • Lot Size: 8.18
    • Dimensions: IRREG

    Property Information

    • SQ ft: 725
    • Subdivision: Metes & Bounds
    • Financing: Cash

  • Listing Price Information

    • Original List Price: $439,900

    Listing Information

    • Possession: Negotiable
    • Legal Description: PRT SW 1/4 SEC 28 T27N R11W COM 1344.96' N & 624.33' E OF SW COR TO POB TH W 261.33' TH N 0 DEG 10' W 689 +/- TH E 551.6' TH SWLY ALONG C/L OF N US 31 S TO POB EXC HWY R/W.

  • Tax Information

    • Annual Tax: $5,806
    • Parcel Number: 0502802100

    Possession

    • Negotiable

    Legal Information

    • Legal Description: Section: PRT SW 1/4 SEC 28 T27N R11W COM 1344.96' N & 624.33' E OF SW COR TO POB TH W 261.33' TH N 0 DEG 10' W 689 +/- TH E 551.6' TH SWLY ALONG C/L OF N US 31 S TO POB EXC HWY R/W.

  • Utility Information

    • Water:Well (Existing)
    • Sewer:Public Sewer (Sewer-Sanitary)
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BuyOwner last updated this listing 05/13/2025 @ 16:04

  • MLS: 623218934
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: Realcomp II Ltd

is a Multifamily, with 0 bedrooms which is for sale, it has 725 sqft, 8 sized lot, and Garages parking. are nearby neighborhoods.